Thursday, July 22, 2021

BREW WITH HEADLINES

 

Daily Brew

TOGETHER WITH

The Ascent

TOGETHER WITH

The Ascent

Good morning. Google tells us that searches for “dating” have hit a 5-year-high, which raises the question: What are people hoping to learn when Googling the word "dating"?

You’re not going to find your soulmate from reading the "dating" Wikipedia entry. But you will stumble upon this piece of helpful advice: “Ballroom dancing is one way to get to know somebody on a date.” It’s not wrong.

MARKETS


Nasdaq

14,631.95

S&P

4,358.69

Dow

34,798.00

Bitcoin

$31,780.14

10-Year

1.292%

Coca-Cola

$56.55

*Stock data as of market close, cryptocurrency data as of 5:00pm ET. Here's what these numbers mean.

  • Markets: Stocks continued to gain after another wave of bullish earning reports rolled through. Strong quarters from Coca-Cola and J&J boosted the Dow.
  • Infrastructure update: A bipartisan infrastructure bill is coming along slowly but surely. Senators are optimistic they’ll be able to “get the ball rolling” with a vote on Monday, saying they’re close to a final agreement. 

COVID

France Takes a Stance

A framed picture of a vaccination record card

Starting yesterday, not being vaccinated for Covid-19 in France is like not drinking your morning coffee: Life will simply be worse without it. 

Large entertainment and cultural venues, including museums, sports arenas, and movie theaters, will now require proof of vaccination or a negative test for Covid-19. And that’s just the start—being vaccinated will be a requirement to enter other businesses, such as cafes and restaurants, starting in August. 

Why now? President Emmanuel Macron announced the measures last week in order to revive a slowing vaccination drive and limit the worst impacts of the Delta variant. France’s infection rate has jumped 125% in the last week and a little over 40% of the population is fully vaccinated.

The vaccine strategy has resulted in two things:

  1. It has angered a lot of people: More than 100,000 protestors hit the streets last weekend, saying the vaccine rules infringed on their rights. 
  2. It has spurred vaccinations: The country set a single-day record for shots administered last Friday (880,000). In the 24 hours after Macron’s speech more than 1.7 million people scheduled a vaccine appointment.

What about us? 

The US federal government hasn’t introduced any vaccine requirements for businesses, and it likely won’t take any steps until the FDA grants full approval to at least one of the shots.

  • Remember, right now all three US-made vaccines (Pfizer, Moderna, and J&J) are under “emergency use authorization.” Pfizer expects full approval by January 2022 latest. 

That hasn’t stopped other organizations from saying, “no vaccine, no service.” 590 colleges have at least some form of vaccine mandate. More hospitals are now requiring that their staff get vaccinated. And plenty of businesses, from your local bar to Madison Square Garden, will want you to show proof of vaccination before stepping inside.

Bottom line: From $1 million lotteries to calling in Olivia Rodrigo for a PSA, US officials have offered loads of carrots to push the vaccine-hesitant to get their shots. France is breaking out the sticks. 

        

PHARMA

A First Look at the $26 Billion Opioid Settlement

After years of back-and-forth, a group of state attorneys general released a tentative $26 billion settlement that would be the largest penalty for four big players in the opioid epidemic that’s killed hundreds of thousands of Americans.

The details

  • The plan would require drug distributors McKesson, Cardinal Health, and AmerisourceBergen to pay $21 billion over 18 years. These companies were accused of lax oversight that bolstered the black market supply of painkillers. 
  • Johnson & Johnson, a drug manufacturer accused of downplaying the addictiveness of opioids in its marketing, would shell out $5 billion over nine years.

Big picture: 3,000+ separate lawsuits from across the US were consolidated into this mega-case, which as soon as next year could direct billions of dollars to address the epidemic. But some don’t think it’s enough. Washington state’s attorney general, Bob Ferguson, told CNBC, “The settlement is, to be blunt, not nearly good enough for Washington.”

Looking ahead...the crisis is only getting worse. Drug overdose deaths rose nearly 30% in the US last year, to a record of 93,331.

        

SPORTS

Olympics Have ‘Too Late to Cancel This Wedding’ Vibes

Two people standing behind human sized Olympic rings

Carl Court/Getty Images

The opening ceremony for the Olympics will be held tomorrow morning, but if managers are worried about a productivity hit in the AM, they shouldn’t be. 

In a poll of 6,000 Morning Brew readers, 42% said they’re less likely to watch the Tokyo Olympics than previous years’ Olympics. 52% said their plans haven’t really changed, and just 6% said they’d watch more. 

Here are the other juiciest bits of our Olympics survey. 

  • Covid: Should the Olympics have been canceled this year due to Covid-19 concerns? 50% of readers said yes. And 51% said they’re worried that the Olympics will be a superspreader event.
  • Viewership: How much of the Olympics do readers plan to watch? 57% said “a few hours here and there,” while 17% said they wouldn’t watch at all and 16% said they plan on watching a “considerable amount.”
  • Peacock: NBC is hoping to use the Olympics to snag new subscribers for its streaming service, Peacock. That’s going to work with 3% of respondents, who said they’re going to buy Peacock to watch the Olympics. 83% said they wouldn’t buy Peacock, and 14% already have it.

Bottom line: Brew readers are feeling the same anxiety as Olympic organizers. New Covid cases in Tokyo hit their highest levels since January yesterday.

        

SPONSORED BY THE ASCENT

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The Ascent

Apologies for the all caps. But what else do you do when you discover that there’s a new unlimited cash back credit card on the market and it involves a significant cash rewards sign up bonus

You write an enthusiastic e-newsletter headline in all caps.

Making its market debut, this credit card has perks that will make you perkier than when the third cup of coffee hits (which was 30 seconds ago for us). Besides having no annual fee, you also get: 

  • Unlimited 2% cash rewards on every purchase with no activation required 
  • A hefty cash rewards sign-up bonus 
  • 0% intro APR on purchases and qualifying balance transfers for over a year (read: no interest until late 2022)

And if you aren’t sold on this unlimited cash back card yet, click right here and you will be. 

GRAB BAG

Key Performance Indicators

Stat: US life expectancy fell by 1.5 years in 2020, the steepest drop since World War II, thanks in large part to the coronavirus. Hispanic (3 years) and Black Americans (2.9) recorded the worst drops, while white Americans’ life expectancy fell by 1.2 years. Life expectancy in the US hasn’t been this low since 2003.

Quote: “My hope is that it creates world peace or helps create world peace.”

Clad in tie-dye, Twitter CEO Jack Dorsey went full Miss Congeniality during a webinar on bitcoin yesterday. Speaking on an all-star panel with Tesla CEO Elon Musk and ARK Invest CEO Cathie Wood, Dorsey explained that if bitcoin could solve underlying monetary issues, everyone could focus on fixing other things. And it’s a straight shot from there to world peace, apparently.

Read: Does CrossFit have a future? (New Yorker

        

CRYPTO

This NFT Startup Is Off to the Races

Two virtual horses on VHS's Series A announcement

Twitter

Virtually Human Studio, a startup known for developing *squints at notes* virtual horse NFT platform Zed Run, raised $20 million in Series A funding yesterday from the likes of TCG Capital Management and Andreessen Horowitz.

On Zed Run’s platform, 14,000+ “stable owners” (also affectionately called #ZEDheads) buy, sell, breed, and race virtual horses. Because NFTs are blockchain-verifiable digital assets, each of these virtual horses is “unique.” 

To some folks, that makes them extremely valuable

  • Horses can cost as much as $45,000 each.
  • Whole stables of digital Hidalgos have sold for more than $250,000.
  • $30+ million worth of Zed horses have been sold so far.  

How does Zed Run make money? It takes a cut every time users breed, race, or sell their horses. Meanwhile, users can win ethereum by getting on the digital race podium or by selling their horses to others at a profit.

Zoom out: Even if media chatter around NFTs has died down, there’s still a crowd willing to pony up for the cryptographic tokens, and investors are expecting that crowd to grow.

        

WHAT ELSE IS BREWING

  • JPMorgan awarded CEO Jamie Dimon more stock options in an attempt to keep him around for a few more years. They could yield Dimon $49 million in profits over a 10-year vesting period.
  • Lyft, Ford, and autonomous driving startup Argo AI have teamed up to offer rides in self-driving cars in Miami.
  • The FTC has committed to further scrutinizing restrictions that prevent users from repairing items they’ve bought.
  • The US and Germany reached a deal that allows for the completion of a Russian gas pipeline to Europe without further US sanctions.
  • ESPN host Maria Taylor is leaving the company. A few weeks ago, her colleague Rachel Nichols was recorded saying that Taylor, who is Black, was given the job of hosting the NBA Finals over her because of ESPN's "crappy longtime record on diversity."

BREW'S BETS

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GameStop breakdown: Much has been made of GameStop’s pivot to e-commerce. So how’s it working out? Check out this UX breakdown of GameStop’s website, exclusive to the Brew. 

Inside the TikTok algo: The WSJ created dozens of accounts that watched hundreds of thousands of videos, then made a fascinating video about what it learned.

Calling for your sandwich recs: College football season is around the corner. To prep for tailgating, we’re launching a search for the best sandwich shops near Power Five schools across the country. Have any recs for us? Share them here.

*This is sponsored advertising content

GAMES

The Puzzle Section

Brew Mini: Mini in size, but major in heart. Play it here.

Three Headlines and a Lie

If you can correctly identify which of these four headlines is made up, you’ll win a ticket aboard the official Morning Brew rocket. We haven’t decided if we’ll go to Richard Branson space or real space though.

  1. Tokyo Olympics: 'Plague of oysters' threatens key venue
  2. Australian Prime Minister says he didn't s*** his pants at McDonald's in 1997
  3. HBO paid James Gandolfini $3 million not to star in The Office
  4. Bon Jovi agrees to write Tiger King movie soundtrack

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ANSWER

Bon Jovi will not be writing any Tiger King songs

Encyclopaedia Britannica | On This Day
July 22
Friedrich Wilhelm Bessel

FEATURED BIOGRAPHY


Born On This Day

Friedrich Wilhelm Bessel

German astronomer

READ MORE
Deng Xiaoping

FEATURED EVENT


1977

Deng Xiaoping reinstated

READ MORE

MORE EVENTS ON THIS DAY






ALSO BORN ON THIS DAY

SEE ALL BIOS ON THIS DAY

Happy Thursday! Smart Brevity™ count: 1,190 words ... 4½ minutes. Edited by Zachary Basu.

💊 Today at 12:30 p.m. ET, Axios' Sam Baker and Caitlin Owens will host a virtual event on drug development. Guests include Rep. Kurt Schrader (D-Ore.), and Carolina Blood and Cancer Care CEO Dr. Kashyap Patel. Join us.

 
 
1 big thing: New COVID fear could bring masks back
Data: CSSE at Johns Hopkins University. (Rhode Island and Iowa data from CDC, July 12-19.) Map: Axios Visuals

I'm told there's a sudden boomerang in worry about COVID among vaccinated lawmakers on Capitol Hill, with talk of canceled trips and dinners, and debate about restoring mask mandates.

  • All guests were "expected to wear a mask" at a reception Speaker Pelosi held yesterday in the Capitol's Rayburn Room for the new sergeant at arms, Maj. Gen. William Walker, according to the "Member Arrival Instructions."
  • After a few blessed months of relaxed COVID practices as the U.S. vaccination rate rose, more lawmakers are once again carrying masks — and trying to navigate when to wear them.

President Biden, answering a question from a school employee, said last night at a CNN town hall in Cincinnati:

  • "[T]he CDC is going to say that what we should do is everyone ... under the age of 12 should probably be wearing a mask in school. That's probably what's going to happen."

What's happening: Coronavirus cases are rising dramatically all over the U.S. as the highly contagious Delta variant spreads among the unvaccinated, Axios' Sam Baker writes.

  • Florida is now averaging just under 6,500 new cases per day — by far the most of any state.
  • New cases more than doubled over the past week in Mississippi — from about 320 per day to about 660. The state has one of the lowest vaccination rates in the country — just 34% of adults.

Earlier this summer, the U.S. seemed to have COVID-19 on the ropes. But now the Delta variant is sweeping the country.

  • 97% of people hospitalized for COVID are unvaccinated.

Share this map.

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2. First look: Anita Dunn's triad


Slide: The White House

 

White House senior adviser Anita Dunn will brief Capitol Hill today on "Reaching Americans Where They Are" as a way to sell President Biden’s economic plans, Axios' Hans Nichols reports.

Armed with polling data and a 23-slide deck, Dunn will show lawmakers in both chambers how to simplify Biden’s "Build Back Better" agenda with this "Message Framing":

  1. "More Jobs."
  2. "Tax Cuts."
  3. "Lower Costs for Working Families."

"Flooding Local TV Airwaves": "Local media continues to be one of the most trusted news sources, communicating the impact of national policy on the communities they serve," the deck says. "Since Jan. 20, the White House has secured 1,000+ local TV hits."

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3. GOP suddenly pushes shots


Illustration: Shoshana Gordon/Axios

 

With rising fears of a "fourth wave" — this time of the unvaccinated — more GOP lawmakers and conservative media figures are pushing the shot, Axios' Caitlin Owens writes.

  • Why it matters: Vaccine resistance is much higher among Republicans than Democrats, and some prominent conservatives have been skeptical or hostile about the jab.

Members of House GOP leadership and the GOP Doctors Caucus will hold a press conference this morning to "discuss the need for individuals to get vaccinated, uncover the origins of the pandemic, and keep schools and businesses open," a press release says.

  • Senate Minority Leader Mitch McConnell said Tuesday: "These shots need to get in everybody’s arm as rapidly as possible."

Fox News' Sean Hannity said on his prime-time show Monday: "It absolutely makes sense for many Americans to get vaccinated. I believe in science. I believe in the science of vaccinations."

  • Fox News stars Steve Doocy and Harris Faulkner appear in a PSA directing viewers to a "Vaccine Finder" link on FoxNews.com.

Share this story.

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A message from Amazon

Amazon is helping train employees for in-demand jobs
 

 

Amazon covers up to 95% of tuition for eligible employees to pursue certificates or degrees in high-demand fields.

The results: Over 40,000 Amazon employees have received training for careers in healthcare, information technology, transportation logistics and more. See some of their stories here.

 
 
4. How ghost Olympics could crimp athletes


Illustration: Annelise Capossela/Axios

 

Psychologists don't know for sure how a spectator-less Olympics will affect athletes' performance. But Olympians are already expressing concern about what it will be like to compete without hearing the cheers of their families and fans, Axios' Erin Doherty reports.

  • "I like to feed off of the crowd," U.S. gymnastics star Simone Biles recently told AP. "I’m a little bit worried about how I’ll do."
  • Valerie Constien, a first-time Olympian in the women's 3,000-meter steeplechase, told Axios that hearing coaches and teammates "talk about the energy from the crowd just sounds really amazing and inspirational, and I am disappointed that I won't ... experience that."

What's happening: NBC says it won't add fake crowd noise. But it's using Olympic Broadcasting Service feeds that will include what IOC President Thomas Bach called an "immersive sound system" to create atmosphere for the athletes, AP reports.

  • Crowd noise recorded from each event at previous Olympics will be fed into the arenas.

NBC will amplify sounds of competition — the splash of the pool, interplay between coaches and athletes — to take viewers there.

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5. Hong Kong persists as financial center


Illustration: Sarah Grillo/Axios

 

Given Hong Kong's assault on democracy, imprisonment of publishers, and human rights violations, "stable" might not be the first word that springs to mind. But the legendary financial services sector is surviving the turmoil, Axios Capital author Felix Salmon reports.

  • Hong Kong has been a gateway to mainland China for centuries. As China begins its crackdown on companies raising foreign capital and listing on foreign exchanges, that's only going to strengthen Hong Kong's hand as the go-to place where shares of Chinese companies can be traded in a fully convertible currency.
  • Western investment banks are hiring thousands of new employees in Hong Kong, many of them hailing from mainland China.

Keep reading.

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6. Jobs to lift Mid-America
Reproduced from Heartland Forward. Map: Axios Visuals

Heartland Forward, an Arkansas-based think tank, today recommends states promote these "opportunity occupations" to help lift residents into the middle class, Worth Sparkman writes for Axios Northwest Arkansas:

  1. Registered nurses.
  2. Truck drivers.
  3. Maintenance and repair workers.
  4. Retail supervisors.
  5. Bookkeeping, accounting clerks.
  6. Construction laborers.
  7. Secretaries, administrative assistants.
  8. Customer service representatives.

Keep reading.

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7. Worst part of living in the White House
Last night's town hall at Mount St. Joseph University in Cincinnati. Photo: Andrew Harnik/AP

After six months in the White House, President Biden was asked last night by CNN's Don Lemon about what it's like behind the scenes:

  • "As you can tell, I hope, I have very good manners. But I'm not very hung up on protocol," Biden said. "And the Secret Service is wonderful. ... [B]ecause things are so crazy out there, it is very hard to get comfortable ... You're saying: 'Don't come in for breakfast. We can get our own breakfast,' because I like to walk out in my robe."
  • As the audience laughed, Biden said: "No, no ... you think I'm joking? I'm not. You know what I mean?"

"By the way," Biden added, "the first time I walked downstairs, and they played 'Hail to the Chief,' I wondered: 'Where is he?'"

  • "That's a great tune! But I, you know — you feel a little self-conscious."
Share on Facebook Tweet this Story Post to LinkedIn Email this Story
 
 
8. 🏈 College switch would create mini-NFL
Texas head coach Steve Sarkisian walks past Texas and Oklahoma mannequins during Big 12 Media Days last week in Arlington, Texas. Photo: LM Otero/AP

Texas and Oklahoma are talking to SEC officials about switching conferences, although no formal invitations have been extended, AP college football writer Ralph Russo reports.

  • Why it matters: Adding two members would give the powerhouse SEC 16 teams, the most in major college football. Losing two schools would be a devastating blow to the 10-member Big 12.

Texas said: "Speculation always swirls around collegiate athletics. We will not address rumors or speculation."

  • Oklahoma said: "The college athletics landscape is shifting constantly. ... We don't address every anonymous rumor."
Share on Facebook Tweet this Story Post to LinkedIn Email this Story
 
 

A message from Amazon

Amazon helps employees advance their careers to in-demand jobs
 

 

Amazon has committed $700 million to advance the careers of employees to in-demand fields like healthcare and information technology.

The goal: To develop employees through careers where they can grow for years to come — even if those jobs aren’t at Amazon.

 

 July 22, 2021

Speaker Pelosi Blocks Trump Allies From Jan. 6 Committee
By The Washington Times. House Speaker Nancy Pelosi announced Wednesday she has blocked Republican Reps. Jim Jordan of Ohio and Jim Banks of Indiana from serving on the Jan. 6 select committee, citing... Read More ›
Simple Trick To Have Unlimited Battery Power
What if you could have nearly unlimited battery power for nearly no cost? Enough to live off-grid and power all of your electronics and devices? Well, there's a new…... Read More ›
BOMBSHELL: Joe Biden Used a Private Email To Send Hunter Government Documents
Hillary Clinton’s private email server cast a dark shadow over her 2016 presidential campaign, as it became clear she used the private server to thwart government transparency laws and then went... Read More ›
Stunning Lawsuit Charges Vaccine Deaths Being Concealed
Attorney Thomas Renz filed a lawsuit in federal court in Alabama on July 19 that alleges a massive government cover-up of vaccination-related U.S. deaths that number “at least 45,000.”The suit,... Read More ›
Biden Does More to Help Russia Than Trump Ever Did in 4 Years
President Joe Biden just paved the way for the isolation of former Soviet states by greenlighting Russia’s controversial Nord Stream 2 natural gas pipeline that aims to bypass Ukraine in favor... Read More ›
Suddenly, CVD cases not getting journalists' attention
White House Press Secretary Jen Psaki (Video screenshot) The Texas Democratic lawmakers who hurriedly fled the state last week to deny their Republican colleagues a quorum and thereby stall a voting reform bill, forgot to pack their masks.... Read More ›
Refugees Spread Disease and Infect Volunteers
The CDC are losing their minds over this. Over 4 million refugees worldwide have created controversy in the media. The problem that most mainstream news outlets leave out is that these refugees might be…... Read More ›

Pelosi Staff Come Down with CVD After Meeting with AWOL Texas Democrats

MI AG Dana Nessel to Investigate Republicans Who Claim Biden Stole the 2020 Election

Judge Says Former Army Ranger Used His Training in Capitol Hill Protest

Enraged Parents Take Over, They Have Signatures to Recall Board Member Over Closings

Critical Race Theory is Marxist.
Its real target is Christianity and the Bible.
The far left wants it in our schools.
The war on Christians is in full gear, says a most famous Jewish thinker.

Larry Elder Wins Fight to Get on California Recall Ballot

Biden Admin Promotes Race-Hustlers as Part of School Reopening

SPECIAL: To Any American Who Owns a Cell Pho

After Defunding Police, Mayors Spend Millions on Private Security

Biden Spending Billion$ to NOT Build the Border Wall



To Any American Who Owns a Cell Phone


If you own a cell phone, then mobile service providers hope you never get to see this video that could soon go viral.

It was shot in downtown Denver by a multi-millionaire, who exposed sensitive truths about mobile phones and 5G.

His experiment could strike a bad chord with mobile phone companies. But you’ve got to see what this man discovered and what it means for phone users in the weeks ahead.

Senate Republicans Block Vote on Infrastructure Bill

Rebecca Downs


CNN Retracts Fake News Reporting on White House Speaking with Fox News About Vaccine Coverage

Landon Mion


Before Investigating American Policing, The UN Must Clean Its Own House

Carson Swick


Political Cartoons
Bearing Arms
Man Arrested For Trying To Steal Helicopter | Tom Knighton

Gainesville Spree Shooter Used Stolen Guns | Tom Knighton

Shannon Watts, Lovely Warren, & The Crooked Business of Gun Control | Mom at Arms

Biden's Anti-Gun Push Ignores Majority Of Violent Crime | Tom Knighton

2A Group Challenges CT Background Check Delays In Court | Cam Edwards
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Destroy Woke Hollywood

Kurt Schlichter


The White House Is Attacking Us

Spencer Brown


Will This Column Be Banned?

Larry O'Connor


Woke Illustrated Swimsuit Issue

Derek Hunter


Vox Shows How GOP Is At Fault on Both Sides of an Issue

Brad Slager


These Aren't the Democrats of Old

Victor Davis Hanson


I’m Not Anti-Vaccine. I’m Pro Questions.

Chris Stigall


Texas Democrats: Do As I Say, Not As I Do

Dinesh D'Souza


What's Dumber Than CRT? CNN

Ann Coulter



Tipsheet
Stefanik Blasts Pelosi as 'Radical Authoritarian' After Jan. 6 Select Committee Decision

Leah Barkoukis


Dem Pollster Circles Another Issue Biden Cannot Ignore Unless He Wants a Political Disaster

Matt Vespa


Judge Rules Larry Elder Will Be on Ballot for California Recall Election

Rebecca Downs


At CNN Town Hall, Biden Repeats Lies That Just Won't Die

Rebecca Downs


LA Tech Professor Tweets Support for Rand Paul's Neighbor

Rebecca Downs


Judges Just Ruled Against Trans Youth Laws the Biden DOJ Went After

Rebecca Downs


Poll: American Women Are Not Fans of Kamala Harris

Rebecca Downs


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‘I Can Hear Music’ Is a Pro-Life Alternative to Abortion Books for Kids

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Chicago is Wrong on Condoms for 10-Year-Olds

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Why Spending Matters in Times of Inflation and High Debt

Veronique de Rugy


Biden's EO to Boost 'Competitiveness' Puts America at Disadvantage

Jon Decker


Trump Is Right: From Pollsters to TV Raters, Take the “Expert” Class with a Grain of Salt

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Make Something of Yourself

Jackie Gingrich Cushman


Apologists For Communists

Jerry Newcombe


A Year Later, Dr. Mike Adams’ Legacy Goes Marching On

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Sorting Through Moise's Assassination and the Darkest International Corruption

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Cuba Libre! and the Left

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